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Vitality Products (TSXV:VPI) Equity-to-Asset : -2.02 (As of Jul. 2024)


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What is Vitality Products Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Vitality Products's Total Stockholders Equity for the quarter that ended in Jul. 2024 was C$-1.43 Mil. Vitality Products's Total Assets for the quarter that ended in Jul. 2024 was C$0.71 Mil. Therefore, Vitality Products's Equity to Asset Ratio for the quarter that ended in Jul. 2024 was -2.02.

The historical rank and industry rank for Vitality Products's Equity-to-Asset or its related term are showing as below:

TSXV:VPI' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.31   Med: -1.5   Max: -0.06
Current: -2.02

During the past 13 years, the highest Equity to Asset Ratio of Vitality Products was -0.06. The lowest was -4.31. And the median was -1.50.

TSXV:VPI's Equity-to-Asset is ranked worse than
97.77% of 1925 companies
in the Consumer Packaged Goods industry
Industry Median: 0.55 vs TSXV:VPI: -2.02

Vitality Products Equity-to-Asset Historical Data

The historical data trend for Vitality Products's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Vitality Products Equity-to-Asset Chart

Vitality Products Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.46 -0.75 -0.33 -0.89 -1.69

Vitality Products Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -1.35 -1.43 -1.69 -1.82 -2.02

Competitive Comparison of Vitality Products's Equity-to-Asset

For the Packaged Foods subindustry, Vitality Products's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Vitality Products's Equity-to-Asset Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Vitality Products's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Vitality Products's Equity-to-Asset falls into.



Vitality Products Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Vitality Products's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=-1.344/0.795
=-1.69

Vitality Products's Equity to Asset Ratio for the quarter that ended in Jul. 2024 is calculated as

Equity to Asset (Q: Jul. 2024 )=Total Stockholders Equity/Total Assets
=-1.428/0.707
=-2.02

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Vitality Products  (TSXV:VPI) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Vitality Products Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Vitality Products's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Vitality Products Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 304, Vancouver, BC, CAN, V6C 3N6
Vitality Products Inc is in the business of manufacturing, marketing, and distributing natural health products, including vitamins, minerals, and nutritional supplements. Its product portfolio comprises Digest+, Power Iron + Organic Spirulina, Time Release B60 Complete + C, Time Release Super Multi+, and others. Its geographical segments include Canada and the United States, of which the majority of its revenue is generated in Canada.
Executives
Cheryl Ann Grant Director, Director or Senior Officer of 10% Security Holder, Senior Officer
William Douglas Grant Director, Director or Senior Officer of 10% Security Holder, Senior Officer
Joanne Yan Director
Colby Lee Fackler Senior Officer

Vitality Products Headlines

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